GIAS Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40251030

Johann Gutenbergs Vej 5, Skejby 8200 Aarhus N

tel: 40783578

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	0.71	0.90	0.95	955.68	935.34
Other operating income	1.34	2.87	2.38	10.52	3.53
Purchases during the financial year				- 372.35	- 404.02
External services	- 353.24	- 494.58	- 101.09	- 113.67	-94.63
Gross profit	364.85	408.04	422.55	480.19	440.23
Employee benefit expenses	- 256.24	- 292.25	- 322.74	- 370.96	- 360.19
Other operating expenses	-0.67	-0.04	-0.04	-0.00	-3.66
Total depreciation	-37.23	-39.22	-42.58	-46.68	-43.43
EBIT	0.07	0.08	0.06	62.55	32.94
Other financial income	28.69	14.79	5.21	23.03	26.77
Other financial expenses	5.45	5.24	5.87	-8.65	-32.08
Reduction non-current investment assets			0.63	-0.20	0.44
Pre-tax profit	13.06	10.84	7.80	76.73	28.08
Income taxes	-12.98	-10.76	-7.75	-9.08	-9.07
Net earnings	0.08	0.07	0.05	67.65	19.01

	2020	2021	2022	2023	2024
Development expenditure	3.15	2.32	2.03	5.14	8.08
Intangible rights	0.59	8.30	9.44	8.70	6.84
Goodwill	45.42	39.61	65.03	56.01	52.68
Intangible assets total	49.15	50.23	76.49	69.85	67.60
Land and waters	101.81	183.41	188.01	168.73	210.76
Buildings	58.73	72.47	67.50	63.30	49.95
Machinery and equipment	63.70	45.53	49.20	40.96	46.48
Advance payments and construction in progress	8.16	0.04	0.77	2.12	31.15
Tangible assets total	232.40	301.44	305.49	275.11	338.34
Investments total	- 800.90	- 914.98	- 924.04
Non-current loans receivable	1.20	1.20	1.26	1.26	1.26
Non-current other receivables	0.49	0.65	4.08	2.44	1.99
Long term receivables total	1.69	1.85	5.34	3.70	3.25
Semifinished products	15.75	7.53	0.27	10.19	7.17
Raw materials and consumables	54.28	78.90	67.59	62.74	64.72
Finished products/goods	28.80	30.77	27.88	31.11	31.98
Inventories total	98.83	117.20	95.73	104.04	103.87
Current trade debtors	112.41	146.96	150.18	148.89	132.37
Prepayments and accrued income	1.93	5.50	5.46	7.93	8.26
Current other receivables	58.59	75.63	50.42	37.28	34.35
Current deferred tax assets		1.06	1.79	1.07	2.20
Short term receivables total	172.93	229.16	207.85	195.17	177.18
Other current investments	133.71	147.31	146.56	173.75	188.98
Cash and bank deposits	112.96	68.69	87.51	124.81	69.30
Cash and cash equivalents	246.67	216.00	234.07	298.56	258.29
Balance sheet total (assets)	0.77	0.92	0.93	946.42	948.53

	2020	2021	2022	2023	2024
Share capital	0.10	0.10	0.10	0.10	0.10
Shares repurchased	10.00	20.00	20.00	20.00	20.00
Other reserves	- 565.19	- 599.01	- 619.86	3.31	6.30
Retained earnings	492.74	507.25	517.81	476.15	512.89
Profit of the financial year	0.08	0.07	0.05	67.65	19.01
Minority interest (BS)	62.81	72.20	82.53	87.27	77.18
Shareholders equity total	0.54	0.60	0.62	654.48	635.48
Provisions	10.12	4.93	5.21	7.72	6.27
Non-current loans from credit institutions	52.17	58.19	50.13	63.95	77.11
Non-current accruals and deferred income	0.82
Non-current other liabilities	13.01	3.27
Non-current deferred tax liabilities	2.62		6.73	6.96	0.16
Non-current liabilities total	68.62	61.46	56.86	70.91	77.27
Current loans from credit institutions	6.47	48.95	69.45	44.91	69.52
Advances received	16.38	24.43	21.82	19.11	12.92
Current trade creditors	53.24	93.76	65.94	66.62	65.00
Short-term deferred tax liabilities	3.28	2.91	4.82	3.34	6.74
Other non-interest bearing current liabilities	62.88	64.55	66.04	65.97	64.42
Accruals and deferred income	13.08	13.91	13.63	13.37	10.92
Current liabilities total	155.33	248.52	241.71	213.32	229.51
Balance sheet total (liabilities)	234.62	315.52	304.41	946.42	948.53

CreditReports API